South Africa's net foreign reserves fall to $60.619 bln in November

Reuters
06 Dec 2024

JOHANNESBURG, Dec 6 (Reuters) - South Africa's net foreign reserves fell to $60.619 billion at the end of November from $61.197 billion in October, central bank data showed on Friday.

Gross reserves increased to $65.859 billion in November from $63.028 billion the month before. The forward position, which represents the central bank's unsettled or swap transactions, fell to $0.534 billion from $0.538 billion.

(Reporting by Tannur Anders; Editing by Alexander Winning)

((Tannur.Anders@thomsonreuters.com))

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